ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/gully-labs” target=”_blank”>Gully Labs, India’s homegrown ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/sneaker-brand” target=”_blank”>sneaker brand known for blending cultural storytelling with premium craftsmanship, has raised Rs 8.7 crore in its seed round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The company had earlier secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores.
The equity round was led by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/zeropearl-vc” target=”_blank”>Zeropearl VC, with participation from a strong cohort of marquee founders…
